Spanish Constitution

More than 25 million homes out there in Spain, it is estimated that nearly 4 million are empty. In the dead hands, they are neither periodic nor sporadic residence of the owner. They do not produce any benefit to society. The Spanish Constitution guarantees the right of all citizens to decent housing. It proclaims the Universal Charter of human rights, but the buying and speculative retention of large tracts of land by builders and pressure groups has meant that this right see the world more violated than ever.

The oversupply has not in this case contributed to lower prices. Real estate speculation is comparable to stock market speculation, although this presents more risks, because it is difficult that the housing prices are plummeting from one day to another. Its mechanism is based on retention of housing for a period of time so that its price increase and then change them for money, that new homes will be purchased to speculate with them again. If There is a cause that has favored the housing crunch and the speculative practice in Spain, has been the land of 13 April 1998 law, approved by the former President of the Fund monetary international, Rodrigo Rato. According to it, it becomes councils authority decision of what soil is buildable and which is not.

Arbitrary decision in many cases, leaning toward the side of the scale that has more money to own mayors and Councillors. Liberalisation of the ground involves urban corruption, embodied in recalificaciones of dubious legality. Gear corruption begins with in bribery to municipal authorities with large amounts of money, that they authorize the building on municipal soil. The money they disbursed the constructors for the purchase of wills is offset by the increase in the price of housing. The purchaser of the dwelling and areas with great natural wealth on which the new houses sit are the big losers.

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